Last year, I tried to build a gold price estimate that assumes theprice is a function of the monetary base and the S&P 500. Using data going back to 1975, I built a simple regression equation that resulted in the following: Estimated Gold Price = $251 – .18 * S&P + .00056 * Monetary Base [...]
It was a moonless night, a pitch black country night illuminated only by the range of the headlamp’s arc. Garrity turned down the insanely loud whimsical riff of Diamond’s ‘We’re Coming to America’ and radioed in. He could see no motion in the car ahead. He flipped on his flashers and siren…still nothing. He aimed the intense beam of his searchlight into the back of the car revealing two silhouettes.
“Morons,” he muttered, while processing the details.
For Mae, it was easy to titillate and manipulate the deprived, balding, Poindexter-archetype that she encountered over the course of Treasury Department business. Bankers, diplomats, establishment apparatchiks…they were all shallow careerists who believed in nothing other than accumulating personal prestige. Their ego was their drug and the political realm truly was a Hollywood for egomaniacal ugly people. And with a flirtatious wink or a juicy pout she could fondle their egos and set them onto the proper path.
Sounds like our little empire… “At the end of the Third Century, the population of Rome itself was almost one million, with almost 500,000 on welfare. Rome’s corruption from a republic to a police state was assisted by confiscatory taxation and chronic depreciation. Much of it to support a greedy bureaucracy and its clamoring dependents. [...]
True. Not only did we bail out our looting banksters, now we are bailing out the EU’s looting banksters. In addition to IMF loans (which the US funds 17% of), our enlightened, progressive, beneficient, magnanimous, brilliant, omnipotent Department of Counterfeiting…er..uh..The Federal Reserve, is going to PRINT MORE DOLLARS TO BUY FRESHLY PRINTED EUROS in order [...]
By Mike Rozeff (one of my favorites, the second to last chapter is extraordinary. It ties into my “shut down point of a government” post)… “Jim Sinclair has a slogan “QE to infinity.” That’s “Quantitative Easing to infinity.” That’s inflation to infinity. That’s the case for gold and silver in a nutshell. I think he’s [...]
